Review of Unprofitable Transactions and Brand Transaction Models in the Overseas Business
First written in FY2020-Q1. 2 of 3 entries say "Restated". Latest entry: FY2020-Q3.
The whole theme swung hardest in 2021: 1 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Restated".
- FY2020-Q3RestatedAnnual report
「Review of unprofitable transactions involving previously handled brands and changes to the transaction structure for certain brands」
The company continues to review unprofitable transactions and change the transaction structure for brands in its overseas business. - FY2020-Q2RestatedAnnual report
「As a result, revenue was ¥19.508 billion, down 5.5% year on year, due to a review of unprofitable transactions among the previously handled brands and changes in the transaction structure for some brands. Operating profit was ¥87 million, compared with an operating loss of ¥106 million in the same quarter of the previous year, partly due to the impact of goodwill amortization.」
The company continues to review unprofitable transactions and change the transaction structure for brands. Although revenue declined 5.5% year on year, operating income improved from an operating loss in the previous year to income of ¥87 million. - FY2020-Q1First statedAnnual report
「As a result, revenue was ¥9.262 billion, down 13.4% year on year, due to a review of unprofitable transactions among the previously handled brands and changes in the transaction structure for some brands. Operating profit was ¥7 million, compared with an operating loss of ¥30 million in the same quarter of the previous year, partly due to the impact of goodwill amortization.」
The company first explicitly identified measures to review unprofitable transactions involving previously handled brands and change the transaction structure for certain brands in its overseas business. Although revenue declined 13.4% year on year, operating income improved from an operating loss of ¥30 million in the previous year to operating income of ¥7 million.